IDFC First Bank Q3FY26 net profit rises 76% to Rs 352 crore as provisions moderate
IDFC First Bank Q3FY26 net profit rises 76% to Rs 352 crore as provisions moderate
IDFC FIRST Bank's profit surged 76% to Rs. 352 crore in Q2 FY26, boosted by reduced provisions and robust retail and commercial growth. The bank's CASA ratio surpassed 50% for the first time, signaling enhanced funding stability. Despite a dip in net interest margin, asset quality remained strong, with gross NPAs at 1.86%.
IDFC FIRST Bank's profit surged 76% to Rs. 352 crore in Q2 FY26, boosted by reduced provisions and robust retail and commercial growth. The bank's CASA ratio surpassed 50% for the first time, signaling enhanced funding stability. Despite a dip in net interest margin, asset quality remained strong, with gross NPAs at 1.86%.
IDFC FIRST Bank's profit surged 76% to Rs. 352 crore in Q2 FY26, boosted by reduced provisions and robust retail and commercial growth. The bank's CASA ratio surpassed 50% for the first time, signaling enhanced funding stability. Despite a dip in net interest margin, asset quality remained strong, with gross NPAs at 1.86%. 
